Mark Van Genderen - Mar 11, 2024 Form 4 Insider Report for DOUGLAS DYNAMICS, INC (PLOW)

Signature
/s/ Jon J. Sisulak, Attorney-in-Fact for Mark Van Genderen
Stock symbol
PLOW
Transactions as of
Mar 11, 2024
Transactions value $
-$24,579
Form type
4
Date filed
3/13/2024, 04:42 PM
Previous filing
Feb 20, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLOW Common Stock Award $0 +5.05K +103.06% $0.00 9.95K Mar 11, 2024 Direct F1
transaction PLOW Common Stock Sale -$24.6K -988 -9.93% $24.88 8.96K Mar 11, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes 5,049 shares that will vest in three annual installments beginning on March 6, 2025.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 7, 2022.
F3 The price in Column 4 is a weighted average price. The prices actually received ranged from $24.8200 to $24.9900. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.